Brian Kroll to retire after 18 years at Lincoln Financial and 40 years within the {industry}
Lincoln Financial Group (NYSE: LNC) introduced in the present day that Stephen Turer has been named senior vice chairman and head of the Annuity enterprise, efficient July 1, 2022. Turer succeeds Brian Kroll, who might be retiring after a profitable profession spanning 40 years within the {industry}, the final 18 of these with Lincoln Financial. Turer will report back to Matthew Grove, who, as beforehand introduced, will be part of Lincoln Financial in July as head of Individual Life & Annuities and Lincoln Financial Network.
“Brian has had an unbelievable profession and performed a essential function in serving to Lincoln’s annuity enterprise develop and evolve to fulfill the ever-changing wants of our companions and prospects. On behalf of all the management group at Lincoln, we’re grateful for all he has executed right here and need him the easiest in his retirement,” mentioned Ellen Cooper, CEO-Elect, Lincoln Financial. “Stephen is a powerful chief and his deep information and experience will place us effectively as we frequently improve our industry-leading annuities product portfolio.”
Turer joined Lincoln Financial in 2005 as assistant vice chairman, Annuity Pricing, and took on rising accountability throughout the Annuity enterprise. Most not too long ago, he served as senior vice chairman, Annuity Product, Pricing and Valuation, main pricing and enterprise unit valuation for Lincoln Financial’s annuity merchandise and the in-plan assured options supplied by the Retirement enterprise. Throughout his profession at Lincoln, Stephen has served as lead architect in a number of giant annuity reinsurance transactions for each variable and stuck listed annuities, together with Union Hamilton Reinsurance and Athene Holding Ltd. Turer is the co-executive sponsor of Lincoln’s LGBTQ+ Business Resource Group (BRG). Prior to becoming a member of Lincoln, he was an actuary with Travelers Life & Annuity. Turer earned a bachelor’s in Actuarial Science from Penn State University.
About Lincoln Financial Group
Lincoln Financial Group offers recommendation and options that assist individuals take cost of their monetary lives with confidence and optimism. Today, roughly 16 million prospects belief our retirement, insurance coverage and wealth safety experience to assist tackle their way of life, financial savings and earnings targets, and guard towards long-term care bills. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the advertising and marketing title for Lincoln National Corporation (NYSE:LNC) and its associates. The firm had $308 billion in end-of-period account values as of March 31, 2022. Lincoln Financial Group is a dedicated company citizen included on main sustainability indices together with the Dow Jones Sustainability Index North America and FTSE4Good and ranks amongst Newsweek’s Most Responsible Companies. Dedicated to range, fairness and inclusion, we’re included on transparency benchmarking instruments such because the Corporate Equality Index, the Disability Equality Index and the Bloomberg Gender-Equality Index. Committed to offering our workers with versatile work preparations, we have been named to FlexJobs’ checklist of the Top 100 Companies to Watch for Remote Jobs in 2022. With an extended and wealthy legacy of performing ethically, telling the reality and talking up for what is true, Lincoln was acknowledged as one in all Ethisphere’s 2022 World’s Most Ethical Companies®. Learn extra at: www.LincolnFinancial.com. Follow us on Facebook, Twitter, LinkedIn, and Instagram. Sign up for e mail alerts at http://newsroom.lfg.com.
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https://stockhouse.com/news/press-releases/2022/05/19/lincoln-financial-group-promotes-stephen-turer-to-head-of-annuity-business